Numis Securities Ltd Reiterates “Hold” Rating for De La Rue plc (DLAR)
De La Rue plc (LON:DLAR)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 854 ($14.07) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 9.35% from the stock’s previous close.
De La Rue plc (LON:DLAR) traded down 1.70% during mid-day trading on Friday, hitting GBX 781.00. 347,946 shares of the company’s stock traded hands. De La Rue plc has a 52 week low of GBX 759.90 and a 52 week high of GBX 1053.00. The stock has a 50-day moving average of GBX 856.2 and a 200-day moving average of GBX 922.7. The company’s market cap is £779.3 million.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of De La Rue plc in a research note to investors on Friday. They now have a GBX 806 ($13.28) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of De La Rue plc in a research note to investors on Friday. They now have a GBX 890 ($14.66) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of De La Rue plc in a research note to investors on Monday, January 13th. They now have a GBX 890 ($14.66) price target on the stock. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 962.14 ($15.85).
De La Rue plc is engaged in the design and production of over 150 national currencies and a range of security documents, including passports, driving licenses, authentication labels and tax stamps.
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